Riyadh – Mubasher: Baazeem Trading Company reported a marginal increase in annual net profits for last year by 0.84% to SAR 20.63 million, compared with SAR 20.45 million in 2018.
Profit per share went up to SAR 2.04, up from SAR 2.02 per share in the year before, according to a statement to the Saudi Stock Exchange (Tadawul) on Sunday.
Moreover, the company’s board of directors has recommended the distribution of cash dividends to shareholders for 2019 at SAR 1.6 per share, or 16% of the share’s par value, at a total of SAR 16.2 million.
